The wealthy have a money trick. When they need cash, they don't sell their stocks. They borrow against them.
@ripe_dao is live on Robinhood Chain, home of tokenized stocks. Deposit SPCX, NVDA, TSLA, AAPL, GOOGL, or GME and borrow dollars against them in seconds.
No bank. No credit check. No selling.
Don't sell. Borrow. ๐ @RobinhoodCrypto
โ https://t.co/WTWermxVWV
@chamath Use ai to rebuild? lol . For green field project make sense but for brown field the investment isnโt worth it, why break something thatโs already a money maker. At best a fascade or a choke pattern to green field implementation
Commies everywhere. There have been many legitimate need for intervention why now?. It sets a precedent thst it is not decentralized. It just takes a good lawyer and sinister judge to set a precedent.
@0xngmi LSTs was bad idea. They lock up all the volatility, push everyone into crazy looping instead of free-floating ETH for real risk-taking. The hacks are fulfilled prophecy
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It's important to remember that "technology influencers" can be bad role models. Many encourage people to be "fans of technology" instead of actual developers of technology.
Hot takes are easy, writing good code is not.